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Technology Stocks : copper mountain CMTN

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To: Mark S. who wrote (1154)11/27/2000 10:51:42 PM
From: Stewart D. Mackie  Read Replies (2) of 1226
 
First Trust Portfolios - (Nike Securities in the U.S.) has selected CMTN as part of its Communications Trust Unit Trust Portfolio. Either they are betting on a long shot (not their style) or they see value in the sector. Lets face it (lawsuits aside) this company is profitable and has given guidance that is extremely conservative. Have you seen the projected growth in high speed internet connectivity? CMTN may not get it all but at $8 - $9 (current price) you do not need it all to double. Once tax loss selling has ended and the next couple of quarters result in EPS closer to $0.60+ you will wish you made a strategic investment today. Worst case scenario is the stock goes to nil and an $8 swing in a stock today is peanuts.
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